Lutech

Cloud App Development

American Virtual Cloud Technologies, Inc. | March 01, 2022

American Virtual Cloud Technologies, Inc. announced that it has entered into a securities purchase agreement for a sale of equity securities to an institutional investor. The net proceeds, after original issue discount, will total $15 million initially, plus an additional $5 million subject to the satisfaction of certain conditions, including receipt of stockholder approval pursuant to Nasdaq listing rules. AVCT will issue shares of a new series of convertible preferred stock, together with warr...

DATA THEOREM, INC | August 23, 2021

Data Theorem, Inc., a leading provider of modern application security, announced that its Cloud Secure cloud-native application security (AppSec) product has been named a 2021 New Product of the Year by Security Today magazine. Security Today, the leading industry media brand providing technology, education and solutions for security professionals, and www.securitytoday.com, the preeminent editorial website for the security industry, recognized Data Theorem’s Cloud Secure ...

Cloud App Development, Cloud App Management, AWS Management

Prnewswire | August 14, 2023

Over the last 17 years, SourceFuse has built a rich history of delivering cloud native applications helping enterprises migrate and modernize on the cloud. Today it is proud to announce that it has been named a launch partner for the new Amazon Web Services (AWS) "Migrate & Modernize with X-Spec" program. This program will enable SourceFuse to accelerate its modernization-led migrations to AWS, unlocking additional business value for its customers. Recognized as an...

nextplatform.com | April 16, 2020

As the dominant supplier of commercial-grade open source infrastructure software, Red Hat sets the pace and it is not a surprise that IBM was willing to shell out an incredible $34 billion to acquire the company. It is no surprise, then, that Red Hat has its eyes on the edge, that amorphous and potentially substantial collection of distributed computing systems that everyone is figuring out how to chase.To get a sense of what Red Hat thinks about the edge, we sat down with Joe Fernandes, vice pr...